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  1. Gap up, big gains, slight fade

    As the Sunday night futures suggested, stocks opened sharply higher on Monday morning, and closed with solid gains, but the big gaps opened to start the day started to close slowly immediately after the opening bell. The Dow (+117-points), Russell 2000 (smalls caps), and the Transportation Index actually all closed their open gap by day's end, while the S&P 500 and Nasdaq still have some of their gaps open on the charts. There was a little buying in the final hour of trading and that kept ...
  2. June ends strong, July looks like it will start strong

    After a rather muted Friday of trading, stocks rallied dramatically just before the bell to end the 2nd quarter. The gains weren't huge but it was that late spike that made it memorable. We were heading into the weekend G-20 and trade meetings, which had investors on the nervous side early, but window dressing seemed to be the theme as the closing bell was ringing, and even after the bell the index futures kept rising.

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